Further reading

Stephen Daniel & Co was a two-partner firm – Michael Kraus and Barry Freedman will remain at RDP Newmans. Kraus becomes partner at RDP, with Freedman joining as a consultant.

RDP Newmans has two offices and eight partners, with the Stephen Daniel & Co team joining the Harrow office in the coming months.

Paresh Radia (pictured), partner at RDP Newmans' Harrow office, said: "This merger will further strengthen our position as a leading independent accounting firm in Middlesex, North London and the Home Counties."

Michael Kraus, partner at Stephen Daniel & Co, said: "We have decided to seek a merger with RDP Newmans as we believe we will be able to provide a wider range of services to our clients while retaining our personal contact.

"RDP Newmans share our ethos of excellent service, deep expertise and an environment our clients and staff will want to be a part of."

RDP Newmans is part of the Albo Euro-Consult association. Stephen Daniel & Co was not part of a network or association.

The Autumn Statement contained a surprise announcement that the "last 3 years" exemption for principal private residence relief will be reduced to 18 months for disposals on or after 6 April 2014. This article looks at how significant the change could be with a ‘back to basics' look at three situations which will be affected.